Domtar Corp. announces plans to sell former mills in Canada

Domtar Corp. plans to sell former E.B. Eddy paper mills in Ottawa, Ontario, and Gatieneau, Quebec, to Ottawa-based developer Windmill Development Group Ltd., the Canadian papermaker announced Thursday.

The definitive purchase and sale agreement, which is subject to customary closing conditions, might take until the first quarter of 2015 to complete, according to a Domtar news release. The proposed transaction comprises waterfront lands in downtown Gatineau as well as the Chaudiere and Albert Islands in Ottawa.

Based on Montreal, Domtar Corp. employs about 450 people at its Nekoosa mill and another 400 at facilities in Rothschild.

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Domtar Corp. announces plans to sell former mills in Canada

Domtar Corp. plans to sell former E.B. Eddy paper mills in Ottawa, Ontario, and Gatieneau, Quebec, to Ottawa-based developer Windmill Development Group Ltd., the Canadian papermaker announced

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